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Government unveils insolvency framework changes

The government has revealed plans to alter the UK’s corporate governance framework in order to tackle company management behaviour at firms facing insolvency.

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Rise in insurance pay‐outs as UK firms face financial struggles

Trade credit insurer pay‐outs hit a nine‐year high in 2017 according to data from the Association of British Insurers, reflecting a growing number of firms that are struggling financially

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UPDATE ON TOYS “R” US UK ADMINISTRATION PROCESS

Since their appointment as Joint Administrators of Toys “R” Us Limited (the “Company”) on 28 February 2018, Simon Thomas and Arron Kendall, partners in Moorfields Advisory Limited, have been seeking to secure a buyer for all or part of the business. Whilst this process has generated some interest, unfortunately it has not been possible to secure a sale.

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Businesses list costs as one of main challenges

Setting up a business is not easy, but the costs associated with doing so are among the biggest challenges to overcome, according to new research.

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More than one in three West Midlands firms facing growing insolvency risk

Companies in the West Midlands are facing up to a growing risk of insolvency, according to the latest figures from insolvency and restructuring trade body R3.

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